A lot of people have been waiting for Bitcoin to rise above $10,000.
But it’s going to take a lot more than that.
And in a lot of cases, the price of bitcoin has risen by more than it’s been worth in the past, so many people are going to need to raise their money in order to get in.
That’s why the idea of a Bitcoin “wallet” is becoming so popular these days.
The Basics of a WalletThe basic idea behind a wallet is to hold bitcoins in a form that is easy for people to store them.
When you send bitcoins to a Bitcoin address, the recipient’s private key is sent to the address, and that private key encrypts the bitcoin transaction.
If the recipient wants to send bitcoins back to you, they can sign a transaction with that private keys and then encrypt the transaction again.
That way, if someone sends the same amount of bitcoins back, the transaction is a little bit less likely to be detected.
The more bitcoins you hold in a wallet, the more secure your bitcoin transactions are going